To the extent that any Industry Member’s order handling or execution systems utilize timestamps in increments finer than milliseconds for a given Reportable Event, such Industry Member shall record and report that Reportable Event to the CAT with timestamps in such finer increment up to nanoseconds. To the extent that an Industry Member has order handling or execution systems that utilize timestamps with varying increments, the Industry Member shall use the timestamps associated with each relevant system and Reportable Event when reporting CAT Data to the Central Repository, provided that in all instances such timestamps meet the minimum requirement of one millisecond for non-Manual Order Events.
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How should an Industry Member report timestamps to the CAT if its order handling and order execution systems use different timestamp increments?
How should an Industry Member report timestamps to the CAT if its order handling and order execution systems use different timestamp increments?